3 Things About Adobe That Smart Investors Know
(NASDAQ: ADBE) has been a great growth stock for long-term investors. Over the past 10 years, shares of the cloud-based software company surged nearly 1,000% as it dazzled the market with its remarkable growth rates.
Between fiscal 2012 and 2022 (ended Dec. 2, 2022), Adobe's annual revenue enjoyed a compound annual growth rate of 15% as its adjusted net income rose at a 19% rate. That expansion was driven by the market's robust demand for its industry-standard media tools (like Photoshop, Illustrator, and Premiere Pro), as well as the expansion of its marketing, analytics, and e-commerce services.
Adobe's lack of meaningful competitors, the stickiness of its cloud-based subscriptions, and growth potential of its enterprise-facing services all still make it a sound investment for long-term investors. Today, I'll focus on three key aspects of this cloud king's business that smart investors should know.
Source Fool.com
Adobe Inc. Aktie
Die Community bevorzugt Adobe Inc., mit deutlich mehr Buy- (60) als Sell-Einschätzungen (2).
Das Community-Kursziel von 588 € für Adobe Inc. deutet auf eine deutliche Steigerung um mehr als 20% gegenüber dem aktuellen Kurs von 486.45 € hin.
